INVESTMENT

India protests

Human rings protest at POSCO's $12 billion India project site

About 2,000 villagers protested against POSCO's planned $12 billion steel plant on Saturday, with women and children forming a human ring around the site. Local television carried footages of women and children folks lying down on the site, making a long human ring.
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NOAA Go Google Way, Selects Apps

The National Oceanic and Atmospheric Administration (NOAA) has selected Google Apps as the agency-wide e-mail and collaboration platform for its 25,000 employees, contractors and associates working across the country and around the world.
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UBS may move U.S. investment bank to New York City

UBS AG is looking at least four potential sites in Manhattan as it considers relocating its North American investment banking headquarters into the heart of New York City from suburban Connecticut, sources familiar with the bank's plans told Reuters.
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UBS may move investment bank to New York City

UBS AG is looking at least four potential sites in Manhattan as it considers relocating its North American investment banking headquarters into the heart of New York City from suburban Connecticut, sources familiar with the bank's plans told Reuters.
US Federal Reserve Chairman Bernanke and European Central Bank President Trichet talk before the European Central Bank's central Banking Conference in Frankfurt

The Fed, ECB and the US Dollar

This week we had two key central bank leaders discuss their views on the risk that the recent rise of inflation is more than simply transitory. And while the mandates that govern these two central banks are different, their views/actions can have significant impact on global currency movements.

Egyptians protest for better wages

Young Egyptians took to the streets again yesterday, in Cairo and across the North African nation. This time to demanded better wages.
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Pimco says Japan, U.S. debt losing investment appeal

Pimco cut its holdings of Japanese and U.S. government debt in the past six months due to their diminishing investment appeal, although Japan's political turmoil is unlikely to trigger a spike in yields in the near term, the top bond fund's head of Japan portfolio management said.
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Gold Prices and Deflation

Gold Prices go up when cash and bonds fail to beat inflation. It was true in the 1970s, and it's been true again in the last decade. But now, from here, what will Gold Prices do?
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Citigroup sells private equity assets to AXA unit

Citigroup has agreed to sell a portfolio of private equity assets to AXA Private Equity for $1.7 billion, the French insurer said on Wednesday, the latest move by the U.S. bank to unload non-core assets.
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Citi to sell $1.7 billion private equity assets: report

Citigroup Inc will sell a $1.7 billion portfolio of private-equity assets to European buyout firm AXA Private Equity, as the U.S. bank looks to focus on its core businesses, the Wall Street Journal reported, citing people familiar with the matter.
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Avaya planning a $1 billion IPO filing: report

Private equity-backed Avaya Inc plans to file for a $1 billion initial public offering as early as this week, marking the latest in a rash of technology sector IPOs, according to a Wall Street Journal story.

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